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Violation Tracker UK Individual Case

Company: Connolly Jones Audit LLP
Company City/Town: Milton Keynes
Company Nation/Region: England
Penalty: £1,000
Year: 2019
Date: 16 September, 2019
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Connolly Jones Audit LLP,The Stable Yard, Stony Stratford, Milton Keynes, MK11 1AQ, has agreed to pay a regulatory penalty of £1,000, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulations 3.20 and 6.06 for failing to comply with an undertaking to arrange and submit the results of external cold file reviews of audits undertaken by the firm in 2013, 2015 and 2017 and for failing to disclose to the ICAEW that it had performed these audits.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
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